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Jan.12, 2015

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2015 ANNUAL REVIEW & OUTLOOK www.joc.com THE JOURNAL OF COMMERCE 7 "I think the lesson learned for the commission is that maybe our experts and analysts missed some of the things the Chinese saw … the bigger and broader question of the impact" of the P3. — Richard Lidinsky, Federal Maritime Commission JULY "There is no one (chassis) solution. If you ship across the country, you have to adjust to seven different models." — Steve Rubin, InterPro Advisory "If we don't improve service for our customers, it will be a collective waste of time." — Jon Slangerup, Port of Long Beach AUGUST "Sanctions and bans like the one proposed by President Putin serve only to hurt the Russian people by limiting their access to the food and products they need and want." — Ray Gaesser, American Soybean Association "It's a hell of a thing to compete with the Panama Canal. (A Nicaraguan canal) would have huge fi xed costs that it would have to pass through to shipping lines." — Mark Sisson, AECOM "There is no record of the Ebola virus being transmitted via international shipping." — Maersk Line "For the past three months, we have worked with BNSF and our customers to accommodate these service changes. Our efforts have been unsuccessful." — Cold Train "Los Angeles is known as a port that anticipates its needs for the future." — Gene Seroka, Port of Los Angeles "We're all watching Vancouver." — Bruce Wargo, PierPass SEPTEMBER "Everyone talks about the increase in the size of ships in the east-west trades, but on a percentage basis, the biggest increases have been in the north-south trades." — Neil Davidson, Drewry Maritime Research "If I look at the journey Maersk Line has been through in order to achieve its cultural shift, I would say they are at least three or four years ahead of most of their competitors." — Lars Jensen, SeaIntel Maritime Analysis "The movement of cargo from air to sea appears to have reached its limit." — SS Teo, PIL OCTOBER "The north-south trades will become more important to us, because that's where the bulk of the CSAV business is, and that's very complementary." — Rolf Habben-Jensen, Hapag-Lloyd "I don't care about how long it takes a ship to cross the ocean. When it gets to the other side, I want my cargo. I don't want to be told, 'Oh, it went to L.A.' And then it might be 17 days before I get it off the docks." — Rick Smith, Sears Holdings "If you're asked to sign a union card, it is your choice, but I ask you to simply decline." — William Logue, FedEx Freight NOVEMBER "While we always prepare the operations for winter, the extreme cold experienced last year provided us some additional insight that we have incorporated into our future preparations and operating procedures." — Steve Bobb, BNSF Railway "U.S. e-commerce retail sites are becoming the top international shopping destinations for Chinese online buyers." — Shiao Dong (Sharon) Han, S.F. Express "Is the current collective bargaining relationship between the PMA and ILWU sustainable? No." — Sam Ruda, Port of Portland DECEMBER "Our infrastructure is on life support right now." — Ray LaHood, Former Transportation Secretary "WE WOULD "WE WOULD "WE WOULD RATHER LIVE RATHER LIVE RATHER LIVE WITH A LOWER WITH A LOWER WITH A LOWER MARGIN GAP MARGIN GAP MARGIN GAP AND HIGHER AND HIGHER AND HIGHER AVERAGE AVERAGE AVERAGE PROFITABILITY. PROFITABILITY. PROFITABILITY. IT IS A CONCERN IT IS A CONCERN IT IS A CONCERN THAT THE THAT THE THAT THE INDUSTRY AS A WHOLE IS NOT INDUSTRY AS A WHOLE IS NOT INDUSTRY AS A WHOLE IS NOT INDUSTRY AS A WHOLE IS NOT INDUSTRY AS A WHOLE IS NOT INDUSTRY AS A WHOLE IS NOT PROFITABLE." PROFITABLE." PROFITABLE." — Soren Skou, Maersk Line — Soren Skou, Maersk Line — Soren Skou, Maersk Line — Soren Skou, Maersk Line — Soren Skou, Maersk Line — Soren Skou, Maersk Line "IT HAS BEEN M Y G R E AT E S T "IT HAS BEEN M Y G R E AT E S T "IT HAS BEEN M Y G R E AT E S T "IT HAS BEEN M Y G R E AT E S T "IT HAS BEEN M Y G R E AT E S T "IT HAS BEEN M Y G R E AT E S T "IT HAS BEEN M Y G R E AT E S T "IT HAS BEEN M Y G R E AT E S T "IT HAS BEEN M Y G R E AT E S T H O N O R A N D P R I V I L E G E TO H O N O R A N D P R I V I L E G E TO H O N O R A N D P R I V I L E G E TO H O N O R A N D P R I V I L E G E TO H O N O R A N D P R I V I L E G E TO H O N O R A N D P R I V I L E G E TO H O N O R A N D P R I V I L E G E TO H O N O R A N D P R I V I L E G E TO H O N O R A N D P R I V I L E G E TO S E RV E I N P R E S I D E N T O B A M A'S S E RV E I N P R E S I D E N T O B A M A'S S E RV E I N P R E S I D E N T O B A M A'S S E RV E I N P R E S I D E N T O B A M A'S S E RV E I N P R E S I D E N T O B A M A'S S E RV E I N P R E S I D E N T O B A M A'S S E RV E I N P R E S I D E N T O B A M A'S S E RV E I N P R E S I D E N T O B A M A'S S E RV E I N P R E S I D E N T O B A M A'S A D M I N I S T RAT I O N W I T H T H E V I TA L A D M I N I S T RAT I O N W I T H T H E V I TA L A D M I N I S T RAT I O N W I T H T H E V I TA L A D M I N I S T RAT I O N W I T H T H E V I TA L A D M I N I S T RAT I O N W I T H T H E V I TA L A D M I N I S T RAT I O N W I T H T H E V I TA L A D M I N I S T RAT I O N W I T H T H E V I TA L A D M I N I S T RAT I O N W I T H T H E V I TA L A D M I N I S T RAT I O N W I T H T H E V I TA L M I S S I O N O F S AV I N G L I V E S O N M I S S I O N O F S AV I N G L I V E S O N M I S S I O N O F S AV I N G L I V E S O N M I S S I O N O F S AV I N G L I V E S O N M I S S I O N O F S AV I N G L I V E S O N M I S S I O N O F S AV I N G L I V E S O N M I S S I O N O F S AV I N G L I V E S O N M I S S I O N O F S AV I N G L I V E S O N M I S S I O N O F S AV I N G L I V E S O N A M E R I CA'S ROA DWAYS." A M E R I CA'S ROA DWAYS." A M E R I CA'S ROA DWAYS." A M E R I CA'S ROA DWAYS." A M E R I CA'S ROA DWAYS." A M E R I CA'S ROA DWAYS." A M E R I CA'S ROA DWAYS." A M E R I CA'S ROA DWAYS." A M E R I CA'S ROA DWAYS." — Anne Ferro, Federal Motor Carrier Safety Administration — Anne Ferro, Federal Motor Carrier Safety Administration — Anne Ferro, Federal Motor Carrier Safety Administration — Anne Ferro, Federal Motor Carrier Safety Administration — Anne Ferro, Federal Motor Carrier Safety Administration — Anne Ferro, Federal Motor Carrier Safety Administration — Anne Ferro, Federal Motor Carrier Safety Administration — Anne Ferro, Federal Motor Carrier Safety Administration — Anne Ferro, Federal Motor Carrier Safety Administration

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